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Costco Wholesale Corp
Costco Wholesale's GHG Emissions Data Preview
In 2024, Costco Wholesale completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Costco Wholesale has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
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cVerified Sources Behind Costco Wholesale’s Greenhouse Gas (GHG) Emissions Data
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Insights into Costco Wholesale's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofCostco Wholesale amounted to2,750,563metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Costco Wholesaledecreased by 4.48%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Costco Wholesale's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Costco Wholesale's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Costco Wholesale were 1,287,937 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Compared to the previous year(2023), Costco Wholesale's Scope 1 emissions decreased by 9.58%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Costco Wholesale's Scope 2 emissions?
In 2024, Costco Wholesale reported Scope 2 greenhouse gas (GHG) emissions of 1,272,682 tCOâ‚‚e using the market-based method and 1,462,626 tCOâ‚‚e using the location-based method.a
Has Costco Wholesale reduced its Scope 2 emissions over time?
Compared to the previous year(2023), Costco Wholesale's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Costco Wholesale's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Costco Wholesale use for Scope 2 reporting?
In 2024, Costco Wholesale reported its Scope 2 emissions using the market-based method and using the location-based method.a
Costco Wholesale's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Costco Wholesale's Value Chain Emissions
In 2024, Costco Wholesale reported 179,631,657 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Costco Wholesale includes a breakdown across 9of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Costco Wholesale's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Costco Wholesale's Scope 3 emissions?
In 2024, Costco Wholesale reported total Scope 3 emissions of 179,631,657 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 53.65%of these emissions originated from upstream activities such as purchased goods and capital goods, while 46.35%came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Costco Wholesale reduced its Scope 3 emissions over time?
Since 2019, Costco Wholesale's Scope 3 emissionshave increased by 44,807.91%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Costco Wholesale's Scope 3 emissions remained relatively stable, indicating that Costco Wholesale's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does Costco Wholesale disclose?
In 2024, Costco Wholesale reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.b
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Costco Wholesale's Scope 3 emissions?
In 2024, the largest contributors to Costco Wholesale's Scope 3 emissions were:b
- Purchased Goods and Services (Cat. 1): 85,200,000 tCOâ‚‚e(47.41%)
- Use of Sold Products (Cat. 11): 83,300,000 tCOâ‚‚e(46.35%)
- Upstream Transportation and Distribution (Cat. 4): 7,700,000 tCOâ‚‚e(4.28%)
Costco Wholesale's Scope 3 Emissions by Categories
Insights into Costco Wholesale’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Costco Wholesale reported Scope 1 greenhouse gas (GHG) emissions of 1,287,937 tCOâ‚‚e and total revenues of USD 254,453 millions. This translates into an emissions intensity of 5.06 tCOâ‚‚e per millions USD.a
Costco Wholesale's Scope 1 Emissions Intensity Compared to Peers
How does Costco Wholesale's GHG emissions intensity compare to its peers?
In 2024, Costco Wholesale reported a Scope 1 emissions intensity of 5.06 tCOâ‚‚e per millions USD. Compared to the peer group median of 17.05, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Costco Wholesale rank on GHG emissions intensity within its industry?
In 2024, Costco Wholesale ranked 3 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Costco Wholesale among the top performers, with one of the lowest emissions intensities relative to peers.a
Insights into Costco Wholesale's Total Carbon Footprint
In 2024, Costco Wholesale reported a total carbon footprint of 182,382,220 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.56% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Costco Wholesale's total carbon footprint was Scope 3 emissions, accounting for 98.49% of the company's total carbon footprint, followed by Scope 2 emissions at 0.8%.a